Federated Investors, Inc. Reports First Quarter 2014 Earnings
- Equity assets increase $8 billion from Q1 2013 to a record $46 billion
- Equity and bond assets surpass $102 billion at quarter end
- Board declares $0.25 per share quarterly dividend
(PITTSBURGH, Pa., 04/24/2014 01:54 PM) — Federated Investors, Inc. (NYSE: FII), one of the nation's largest investment managers, today reported earnings per diluted share (EPS) of $0.34 for Q1 2014 compared to $0.41 for the same quarter last year on net income of $35.2 million for Q1 2014 compared to $43.0 million for Q1 2013.